Fireblocks and Checkout.com Launch Stablecoin Settlement System
Merchants are now able to accept USDC payments and convert them into fiat currency.
NBA Star Spencer Dinwiddie’s Has a Crypto App Called Calaxy and it just Raised $26 Million
Decrypt and Spencer Dinwiddie met to discuss Calaxy’s $26 million raise and the appointment of a new CEO, as the company prepares for its exit from beta.
Ethereum Developers Plan to Start Ropsten Merge in 48Hrs
The core developers of Ethereum have plans to “the merge” the Ropsten testnet. This will combine Ropsten’s proof of work chain with its beacon.
Cronos by Crypto dot com Launches $100 Million Fund to Support Crypto Startups
Cronos Accelerator Program has $100 million backing to support crypto projects in seed-preseed stages who are looking for mentorship, funding, and growth.
Gemini Will Be Getting Sued For $36 Million By IRA Financial Trust For Exploit
At the time of publication, it is unclear if investors will have any recourse to recover the funds.
Pintu – The Popular Exchange in Indonesian Raises $113 – Aims to be The Coinbase of Southeast Asia
Despite the bear market, investors are bullish about the startup and its founder.
The New LUNA 2.0 Token Isn’t Fairing So Well – Token Has Lost 56% In Value Since Last Week
Terra’s new LUNA2.0 token, which was worth $11.33 per unit on May 30th, has lost over 56% against the U.S. Dollar after climbing to that level seven days earlier. Many Terra-based decentralized financing (defi), projects are now moving to the Phoenix-1 blockchain amid the market performance. Fatman, a whistleblower, continues to accuse Terraform Labs and Do Kwon in manipulative tactics. He alleged that Do Kwon and Terraform Labs (TFL), are re-joining Terra’s defi ecosystem. Fatman claims that Kwon and TFL have shadow wallets containing 42 million new LUNA coins.
Has Elon Musk Given up on Twitter Deal? Says He Can Pull Out of The Deal
Twitter is raging against Elon Musk over Twitter’s refusal to reveal more information about its users. The billionaire Tesla owner is now considering whether to pull out of the $41.4 million deal.
Yuga Labs OtherSide NFT Land Discord Group Hacked With 145 ETH Stolen
OKHotshot’s investigation revealed that the attack was carried out by Boris Vagner (community manager at Yuga Labs), hacking into Discord.
The $1 Billion In Scams From 2021 is Blamed on Social Media
Nearly half of the consumers who reported a cryptocurrency-related scam in 2021 said it started with an ad, post or message on social media.
